Public Employees Retirement System of Ohio Acquires 148,747 Shares of Gaotu Techedu Inc. $GOTU

Public Employees Retirement System of Ohio increased its holdings in Gaotu Techedu Inc. (NYSE:GOTU) by 284.8% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 200,984 shares of the company’s stock after buying an additional 148,747 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.08% of Gaotu Techedu worth $726,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Millennium Management LLC boosted its holdings in shares of Gaotu Techedu by 602.0% during the 1st quarter. Millennium Management LLC now owns 1,996,144 shares of the company’s stock valued at $6,487,000 after acquiring an additional 1,711,774 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its position in Gaotu Techedu by 116.1% during the first quarter. Harvest Fund Management Co. Ltd now owns 1,023,915 shares of the company’s stock valued at $3,317,000 after purchasing an additional 550,000 shares during the period. National Bank of Canada FI purchased a new stake in Gaotu Techedu in the first quarter worth approximately $1,788,000. Connor Clark & Lunn Investment Management Ltd. grew its position in Gaotu Techedu by 2,782.6% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,892 shares of the company’s stock worth $981,000 after purchasing an additional 291,419 shares during the period. Finally, Pinpoint Asset Management Ltd purchased a new stake in Gaotu Techedu during the 1st quarter valued at $892,000. Hedge funds and other institutional investors own 48.42% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Gaotu Techedu in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Gaotu Techedu Stock Performance

Shares of Gaotu Techedu stock opened at $3.23 on Monday. The stock has a market cap of $816.54 million, a P/E ratio of -8.49 and a beta of 0.23. The stock’s fifty day moving average is $3.61 and its 200 day moving average is $3.50. Gaotu Techedu Inc. has a one year low of $1.87 and a one year high of $4.56.

Gaotu Techedu (NYSE:GOTU) last released its quarterly earnings results on Tuesday, August 26th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.04. Gaotu Techedu had a negative return on equity of 37.66% and a negative net margin of 12.97%.The business had revenue of $27.09 million during the quarter, compared to analyst estimates of $182.85 million. Gaotu Techedu has set its Q3 2025 guidance at EPS.

Gaotu Techedu Profile

Gaotu Techedu Inc, a technology-driven education company, provides learning services, educational content, and digitalized learning products in the People's Republic of China. The company offers traditional online academic subject tutoring services that covers academic subjects, such as mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science for students; non-academic tutoring services; personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and professional courses primarily for college students and adults preparing for professional qualification exams, such as teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, and other exams.